Opra production guide

Opra has published a guide designed to help with the production of audit scheme accounts for insured salary-related schemes. The guide aims to helps trustees, auditors and insurers through the process of producing accounts, which according to the Occupational Personal Personal Pension Schemes (Penalties) Regulations 2000, must be presented within seven months of the end of the scheme year. The new regulations, which came into force on 3 April, were designed to allow Opra to impose penalties without having to resort to action through the criminal courts. They give Opra the power to levy fi...